
TPR launches initiative to check pension schemes data ahead of dashboard deadline
The initiative will look at 240 private sector DB and hybrid schemes, focusing on their readiness and how up to date their value data is.

The initiative will look at 240 private sector DB and hybrid schemes, focusing on their readiness and how up to date their value data is.

Senga Jones said: “Ensuring our members will be able to take full advantage of this important service is yet another step towards improving outcomes for pension savers."

The toolkit is designed to give practical support for handling situations where accurate pension value data cannot be shown straight away.

Chris Clements said: “We are looking forward to continuing to work with PDP to make pensions dashboards a reality."

The ABI’s latest report found that relying on a single, Government-backed dashboard will not deliver the expected benefits.

Rory Marsh said: “This is a major step towards a significantly enhanced digital experience for customers.”

This move covers around 70% of Aegon’s policies, with the rest of the schemes set to connect over the next few months as scheduled.

Jenny Holt said: “Working with our partners Equisoft and the PDP we’re a step closer to making pension dashboards a reality.”

Rachel Vahey said: “We still have a long way to go in the pensions dashboard journey, but it’s a prize worth pursuing."

Pensions holders are struggling to manage multiple pensions pots, but dashboards could represent a turning point for member engagement.

This will enable more than 400,000 members to find and view their WYPF-administered pensions when pensions dashboards are available to the public.
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